23, HALFPENNY CLOSE, MAIDSTONE, ME16 9AJ - £417,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 HALFPENNY CLOSE is a very small extended detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £454,580. It was last sold for £417,500 in July 2024, which was around 28% below the average July 2024 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

23 HALFPENNY CLOSE Sold Prices

Land registry data shows five sales for 23 HALFPENNY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the five 23 HALFPENNY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 4 JUL	£417,500	£583,128	28% below HPI
2020 9 DEC	£370,000	£535,982	31% below HPI
2005 25 FEB	£218,000	£329,388	34% below HPI
1999 11 JUN	£112,500	£162,505	31% below HPI
1995 23 JUN	£102,050	£115,329	12% below HPI

23 HALFPENNY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The five 23 HALFPENNY CLOSE sales between June 1995 and July 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 23 HALFPENNY CLOSE be worth now?

23 HALFPENNY CLOSE might now be worth an estimated £454,580.

This is based on house price inflation of 8.9%, between July 2024 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 23 HALFPENNY CLOSE of £417,500 on 4th July 2024. For the value to have increased from £417,500 to £454,580 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 23 HALFPENNY CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The July 2024 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 23 HALFPENNY CLOSE has not materially changed since July 2024.

How Large is 23 HALFPENNY CLOSE?

23 HALFPENNY CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maidstone, and where 23 HALFPENNY CLOSE lies on this distribution: 10% of detached houses houses are smaller than 23 HALFPENNY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

23 HALFPENNY CLOSE: Plot and Title Map

23 HALFPENNY CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 23 HALFPENNY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 HALFPENNY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 HALFPENNY CLOSE?

23 HALFPENNY CLOSE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 23 on HALFPENNY CLOSE.